Slovenian Economy Saw Improvements in Key Indicators in 2018

By , 09 May 2019, 13:45 PM Business
Slovenian Economy Saw Improvements in Key Indicators in 2018 JL Flanner

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STA, 8 May 2019 - The Slovenian economy as a whole significantly improved its performance last year, with total net profit of companies increasing by 16% and total revenues by 9%, according to the Agency for Public Legal Records (AJPES).

The total net profit posted by Slovenian companies surpassed the total loss for the fifth year in a row in 2018, standing at EUR 4.2 billion, up 16% year-on-year.

The 66,749 companies which submitted their business results for last year to AJPES meanwhile increased their combined revenue by 9% to EUR 100.8 billion.

Revenues generated on the foreign markets amounted to EUR 40.7 billion, which is 10% more than in 2017.

Slovenian companies also hired new employees at a facilitated pace last year, with the number of employed persons measured by hours worked increasing by 29,517 compared to 2017 to 503,326.

Employees received an average wage of EUR 1,652 gross last year, or EUR 65 gross more than in 2017. Net added value per employee was up by 2% to EUR 44,415.

AJPES will present a more detailed analysis of annual reports of Slovenian companies at a press conference next week.

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